LCG vs RoboForex

LCG vs RoboForex Comparison Table 2023
LCG	RoboForex
Review 2.8	Review 4.5
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
London Capital Group was established in 1996 and is regulated by the FCA and CySEC. Today the firm is a popular CFD and spread betting provider, with $20+ trillion in executed trading volume, 24/5 customer support, and a number of industry awards.	RoboForex is a global broker launched in 2009. The firm offers more than 12,000 instruments spanning 9 asset classes with trades from 0.01 lots and spreads from 0 pips. The broker's advanced copy trading tool is also home to thousands of active traders.
	RoboForex Ltd and its affiliates do not target EU/EEA/UK clients. Please be aware that you are able to receive investment services from a third-country firm at your own exclusive initiative only, taking all the risks involved.
Bonus Offer
	$30 No Deposit Bonus
Promotions
	RoboForex Is Topping Up Accounts By Up To 10%
Comment by Reviewer
"LCG will appeal to traders looking for wide market coverage with 7000+ instruments spanning 9 asset classes. The around-the-clock customer support will also appeal to new traders."	"RoboForex is a good pick for traders looking for a wide range of markets with welcome bonuses and loyalty promotions."
Pros
Heavily regulated by the FCA in the UK and CySEC in the EU Trading Central partnership with pattern recognition technology In-house trading software plus access to MetaTrader 4 Excellent suite of instruments with 7000+ assets Swap-free Islamic account available Demo account provided	Commission-free trading on US stocks Choice of leading platforms, including MT4 and MT5 ECN and Prime accounts for active traders with low fees Automated trading permitted with user-friendly robot builders Accessible payment methods including PayPal VPS server for 24/7 uninterrupted trading Two free withdrawals each month Low deposit for newer traders
Cons
Nearly twice as high commissions on MT4 ($10.00 per $100.000), compared to LCG Trader ($45.00 per $1.000.000) Spreads are not the most competitive averaging 1.5 pips on the EUR/GBP A high $10,000 minimum deposit is needed for the ECN account	Instruments and fees vary between platforms Demo account expires after 90 days Average range of currencies
Awards
	Best Global Mobile Trading App 2020 - Global Forex Awards B2B Best Broker of the CIS 2019 - IAFT Awards Best Investment Platform 2019 - IAFT Awards Best Educational Forex-Center CIS 2019 - IAFT Awards Best Stock Broker Asia 2019 - International Business Magazine Awards Best Investment Products 2019 - Global Brands Magazine
Instruments
Stocks, Futures, CFD, Forex	CFDs, Forex, Stocks, Indices, Commodities, ETFs
Demo Account
Yes	Yes
Minimum Deposit
$0	$10
Trading Platforms
MT4	MT4 MT5
Payment Methods
	ADVcash Alipay AstroPay Cashu ecoPayz Giropay iDeal MoneyGram Neteller Perfect Money POLi Rapid Transfer SafeCharge Skrill Sofort Trustly Vietcombank Transfer Visa WeChat Pay Wire Transfer
Minimum Trade
Lots vary by asset	0.01 Lots
Regulator
FCA	FSC
Margin Trading
No	Yes
STP Account
No	Yes
ECN Account
No	Yes
DMA Account
No	No
MAM Account
No	Yes
PAMM Account
No	No
LAMM Account
No	Yes
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
	iOS & Android, RStocksTrader
Auto Trading
	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	Yes
Social Trading
No	Yes
Trade Signals
	Yes
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	Yes
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$0
Islamic Account
No	Yes
Account Currencies
	USD EUR
Stock Exchanges
	Dow Jones Nasdaq New York Stock Exchange SIX Swiss Exchange
Commodities
	Gold Nickel Silver
CFD Trading
Trade thousands of CFDs on reliable trading software. Leverage up to 1:30 is available in line with regulatory restrictions. Beginners can also utilize the firm's training videos.	Trade a huge selection of CFDs with more than 12,000 assets and very high leverage up to 1:2000. Micro lot trading is also available with access to interbank liquidity providers for low fees.
Leverage
1:30	1:2000
FTSE Spread
1 pt	N/A
GBPUSD Spread
0.5 pips	2
Oil Spread
3 pips (Variable)	5.2
Stocks Spread
0.3% Var	From 0.1
Forex Trading
LCG offers 60+ major, minor and exotic currency pairs on MT4 or LCG Trader. Leverage is available up to 1:30 with average spreads of 1.5 pips on key currency pairs.	Trade over 30 currency pairs with tight spreads from 0 pips. Forex traders have a choice of leading platforms including MT4, MT5 and an in-house web trader. The CopyFX system also lets you mirror experienced currency traders with a $100 minimum investment.
GBPUSD Spread
0.5 pips	2
EURUSD Spread
0.3 pips	1.4
EURGBP Spread
0.4 pips	1.6
Assets
60+	30+
Cryptocurrency
Crypto trading not offered	Trade over 30 leading crypto CFDs paired with the USD and EUR. Digital currencies are available on the user-friendly R StockTrader platform. New users can start trading crypto CFDs in three easy steps.
Spread
	Variable
Coins
	No
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
	RoboForex Ltd and its affiliates do not target EU/EEA/UK clients. Please be aware that you are able to receive investment services from a third-country firm at your own exclusive initiative only, taking all the risks involved.
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